Annuity Payments Are 30% to 60% Higher: Time to Reconsider

When interest rates rise, so do payments on new annuity contracts. Maybe it’s time to take another look at how annuities can fit into your retirement income.

Rolls of dollar bills are arranged in successively higher stacks.
(Image credit: Getty Images)

Yes, interest rates are up, and that hurts new home buyers and other borrowers.

Yes, short-term interest rates paid on your bank account are higher.

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This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

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Jerry Golden, Investment Adviser Representative
President, Golden Retirement Advisors Inc.

Jerry Golden is the founder and CEO of Golden Retirement Advisors Inc. He specializes in helping consumers create retirement plans that provide income that cannot be outlived. Find out more at, where consumers can explore all types of income annuity options, anonymously and at no cost.